VanEck Short Muni ETF
SMB
71 hedge funds and large institutions have $93.7M invested in VanEck Short Muni ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 12 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $96.2M → $93.7M (-$2.48M)
1.71% less ownership
Funds ownership: 47.54% → 45.83% (-1.7%)
7% less funds holding
Funds holding: 76 → 71 (-5)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.57M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$1.51M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.03M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$549K |
| 5 |
CC
Cypress Capital
Franklin,
Tennessee
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$3.17M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.01M |
| 3 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$1.27M |
| 4 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$734K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$729K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
76
Bailard
Foster City,
California
| – | -$447K | -25,285 | Closed |
|
|
MMA
77
Miracle Mile Advisors
Los Angeles,
California
| – | -$359K | -20,274 | Closed |
|
78
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$181K | -10,239 | Closed |
|
79
First Trust Advisors
Wheaton,
Illinois
| – | -$180K | -10,200 | Closed |
|
|
DWM
80
Doyle Wealth Management
St. Petersburg,
Florida
| – | -$80K | -4,497 | Closed |
|
|
GAM
81
Gemmer Asset Management
Walnut Creek,
California
| – | -$4K | -200 | Closed |
|
|
TFA
82
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -1 | Closed |
|
SMB Hedge Fund Activity: Q3 2019 in Review
71 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in VanEck Short Muni ETF (SMB) for Q3 2019, worth a combined $93.7M — down 2.6% from $96.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SMB and 8 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 24 added.
The largest buyer was Jane Street, opening a new position worth an estimated $3.57M. The largest seller was Redhawk Wealth Advisors, exiting entirely with an estimated $3.17M sold.
- 71 institutional investors held VanEck Short Muni ETF (SMB) as of Q3 2019, down from 76 in Q2 2019.
- Funds reported $93.7M of VanEck Short Muni ETF stock for Q3 2019, down 2.6% quarter-over-quarter.
- 8 funds opened new VanEck Short Muni ETF positions in Q3 2019 and 12 closed out, a net change of -4 holders.
- The largest VanEck Short Muni ETF buyer in Q3 2019 was Jane Street, an estimated $3.57M added.
- The largest VanEck Short Muni ETF seller in Q3 2019 was Redhawk Wealth Advisors, an estimated $3.17M sold.
Based on aggregated 13F filings for Q3 2019.